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Harmonic Patterns

Bearish drop?NZD/JPY is rising towards the pivot and could drop to the 1st support. Pivot: 86.09 1st Support: 85.23 1st Resistance: 86.65 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
1
Potential bullish rise?NZD/CHF is reacting off the pivot and could rise to the 1st resistance level. Pivot: 0.5093 1st Support: 0.5060 1st Resistance: 0.5135 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
Bullish momentum intact: Gold price Analysis and Forecast !Gold Price Analysis: Bullish Consolidation Phase Gold's price action over the past week can still be categorized as a bullish consolidation phase, following the recent strong move up to record highs. Although the daily Relative Strength Index (RSI) is close to the 70 mark, indicating a potential need for consolidation or a modest pullback, the bias remains firmly in favor of the bulls. Key Support Levels - $2,920-2,915: A crucial support zone that may attract dip-buyers - $2,900: Additional support level that could provide a temporary floor for Gold prices - $2,880: A key support region that, if broken decisively, could lead to further losses Potential Downside Targets - $2,860-2,855: A potential downside target if Gold prices break below $2,880 - $2,834: Another key level that could provide support, but may also be vulnerable to a breakdown - $2,800: A round-figure mark that could attract sellers, leading to a potential extension of the downfall Outlook The path of least resistance for the Gold price remains to the upside, with the bulls firmly in control. However, caution is advised as the market may experience some near-term consolidation or a modest pullback before positioning for further gains. Share Your Insights! What's your take on the Gold market? Do you think the bulls will maintain control, or will the bears stage a comeback? Share your comments below! Help Us Grow! If you found this analysis helpful, please like and share it with your fellow traders and investors! Your support helps us provide more insightful market analysis and forecasts! Best wishes Tom 😎
OANDA:XAUUSDShort
by LegendaryTom
USDJPY M15 | Bullish Rise Based on the M15 chart analysis, the price is falling toward our buy entry level at 148.94, a pullback support. Our take profit is set at 149.53, a pullback resistance that aligns close to the 61.8% fibo retracement. The stop loss is placed at 148.56, a swinglow support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
USDCAD H4 I Bearish DropBased on the H4 chart, the price is approaching our sell entry level at 1.4317, a pullback resistance that aligns with the 23.6% Fibonacci retracement. A rejection at this level could drive prices lower toward our take profit at 1.4241, an overlap support. The stop loss is set at 1.4398, a pullback resistance that aligns with the 38.2% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
USDCHF H4 | Bullish RiseBased on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 0.8920, which is a swing low support that aligns close to the 161.8% Fibo extension and the 78.6% Fibo projection. Our take profit will be at 0.8956, a pullback resistance. The stop loss will be placed at 0.8097, which is a multi-swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
GBPUSD H1 | Bullish Bounce OffBased on the H1 chart analysis, the price is falling toward our buy entry level at 1.2637, an overlap support that aligns close to the 50% Fibonacci retracement. Our take profit is set at 1.2672, an overlap resistance. The stop loss is placed at 1.2605, a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
BTC: Will Reach $60,000I already mentioned over the weekend that BTC would drop to $80,000. It directly started to decline on Monday, and the downward trend has continued. The current upward movement is providing another opportunity for short selling. BTC Trading Strategy: Sell BTCUSDT @$90,000 TP: $85,000 - $80,000 Currently, my $40,000 account is on the verge of reaching $80,000 in just two days. I will share the orders every day. If you also need accurate signals and analysis, you can click on the link below to obtain them!
Short
by Kill_the_dealer
EURAUDImpact of Australian CPI on EUR/AUD Trade Directional Bias The upcoming Australian Consumer Price Index (CPI) release, forecasted at 2.6% year-over-year, could significantly influence the EUR/AUD trade directional bias. Here's how: 1. CPI Impact on AUD Higher CPI: If the actual CPI figure exceeds 2.6%, it might reduce expectations for further interest rate cuts by the Reserve Bank of Australia (RBA). This could strengthen the AUD, potentially weakening EUR/AUD. Lower CPI: Conversely, if CPI is below expectations, it might increase the likelihood of RBA rate cuts, which could weaken AUD and support EUR/AUD. 2. Trade Directional Bias for EUR/AUD Bullish Scenario: If CPI is lower than expected or shows signs of easing inflation, EUR/AUD might rise as AUD weakens. Bearish Scenario: If CPI is higher than expected, indicating stronger inflation, EUR/AUD could decline as AUD strengthens. Heads of RBA and ECB RBA Head: The head of the Reserve Bank of Australia is Michele Bullock. ECB Head: The head of the European Central Bank is Christine Lagarde. Summary The CPI release will be crucial for determining the short-term direction of EUR/AUD. I Will monitor the actual CPI figure closely and adjust my strategies based on whether it aligns with or diverges from market expectations and sentiment . DO your own research please.
Long
by Shavyfxhub
BTCUSD TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This chart represents a bullish breakout setup for Bitcoin (BTC/USD) on the 1-hour timeframe. Key Observations: 1. Downtrend Breakout Attempt: The black trendline indicates a previous downtrend. Price is attempting to break above this trendline, signaling a potential trend reversal or short-term bullish move. 2. Entry & Target: The green zone suggests a long (buy) position with an entry around 88,980. The target is around 94,311, indicating an expected move toward previous resistance. 3. Stop-Loss Placement: The red zone (86,841) is the stop-loss level, meaning the trade would be invalidated if BTC falls below this point. Possible Trade Idea: Buy if BTC confirms a breakout above the trendline. Stop-loss below 86,841 to manage risk. Target 94,311 for potential upside profit. Are you already in this trade, or waiting for confirmation?
COINBASE:BTCUSDLong
by DavidHills110